The pie charts compare the sources from which British government derived tax profit as well as its spendings to the various fields for last year measured in percentage.
Overall, in terms of tax revenue, income tax represented the biggest share while the highest amount of money was alloted to Pensions
Looking at the details, 28% of total earnings was generated from income tax compared to National Insurance which was nearly a fifth. However, fuel duty, business rates and council tax contribute merely 5 per cent which was higher than the figure for corporation with a narrow margin (3%). Value added tax also had significant proportion with 17% whereas, the remaining 17% was attributed to other factors.
With regard to spendings, UK government allocated the most funds to Pensions and Health care followed by welfare (20, 18, 17 per cent, respectively). The figure for education was two times higher than those of defence and other spending with the former accounting for 14%. The least quantity of money was dedicated to general government and transport with only 3 percent of total income. Finally, government spends only a fifth of capital on protection.